Israel vs South Korea: Machinery and transport equipment
Machinery and transport equipment over time
- Israel
- South Korea
How they compare
Israel currently reports 47.0% against 42.1% in South Korea, a difference of 4.9%.
That makes Israel's figure about 1.1 times South Korea's.
The two have swapped places 3 times across 59 shared years of data; in 1963 it was Israel ahead.
Israel ranks 3rd and South Korea ranks 5th of 149 countries.
Across the 7 decades both report, Israel averaged higher in 2 and South Korea in 5.
Head to head by decade
| Decade | Israel | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.1% | 6.5% | 5.6% | Israel |
| 1970s | 13.9% | 7.8% | 6.1% | Israel |
| 1980s | 11.0% | 12.8% | 1.9% | South Korea |
| 1990s | 16.4% | 33.6% | 17.2% | South Korea |
| 2000s | 23.8% | 45.0% | 21.2% | South Korea |
| 2010s | 38.1% | 48.5% | 10.4% | South Korea |
| 2020s | 47.3% | 47.9% | 0.6% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher machinery and transport equipment, Israel or South Korea?
- Israel, at 47.0% against 42.1% in South Korea as of 2021.
- What is the difference in machinery and transport equipment between Israel and South Korea?
- 4.9%, with Israel ahead.
- How many years of comparable data are there for Israel and South Korea?
- 59 years are reported by both, from 1963 to 2021.
- How do Israel and South Korea rank globally for machinery and transport equipment?
- Israel ranks 3rd and South Korea ranks 5th of 149 countries.
- Where does this data come from?
- International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as Machinery and transport equipment (% of value added in manufacturing). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).